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Latest: Fintech News

Malaysia’s AI Park Spurs Health, Agritech Innovation – GovInsider
Malaysia’s AI Park Spurs Health, Agritech Innovation – GovInsider

The Malaysian Research Accelerator for Technology and Innovation has a new AI park to help developers of agricultural and health technology bring their products to market

US Senate Approves $52bn Chips Bill To Reach Compromise
US Senate Approves $52bn Chips Bill To Reach Compromise

The 68-28 procedural vote sends the bill back to House of Representatives in a cumbersome process to ultimately launch a formal process known as a "conference"

Huawei Records First Ever Revenue Slump as US Sanctions Bite
Huawei Records First Ever Revenue Slump as US Sanctions Bite

Huawei reported asset sale gains on Monday that helped lift its profit 76% in 2021, turning in its first results under Chief Financial Officer Meng Wanzhou since she returned to China last year

Sea E-Commerce Arm Shopee to Shut Down India Operations
Japan to Revise Forex Law to End Crypto Sanctions Loophole
India Seeks to Block Shadow Banks Owned by Chinese – BS
Elon Musk Giving ‘Serious Thought’ to New Social Media Platform
Russia’s Kaspersky, China Telecom Firms in US Security Threat List
Thai Central Bank Plans Rules on Virtual Banks, Open Banking
Bank of Japan to Move to Second Phase of Digital Yen Project

Fintech: The Big Picture

ASML in the Centre of the Chip War

With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors